Ibfx Australia Pty Ltd. Debuts Award-winning Forex Offerings

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25th October 2010, 11:21am - Views: 1542





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MEDIA RELEASE PR41868


IBFX Australia Pty Ltd. Debuts Award-Winning Forex Offerings


SYDNEY, Oct. 25 /PRNewswire-AsiaNet/ --


    IBFX Holdings LLC, parent company of leading U.S. forex broker Interbank

FX LLC, celebrates today the launch of its Australian subsidiary office, IBFX

Australia Pty Ltd. Licensed with the Australian Securities and Investments

Commission (ASIC), IBFX Australia offers comprehensive services for retail

and institutional customers and will accommodate the expanding forex

operations for the Pacific Rim.


    "I am thrilled to launch our presence in Australia, furthering our global

expansion," said Alex Douglas, General Manager for IBFX Australia. "The

Australian forex market continues to grow, with the Australian dollar

increasing its share of all foreign exchange transactions to 7.6% over the

last three years and remaining one of the 10 most actively traded

currencies.* We look forward to delivering our world class technology

solutions and exemplary customer services to meet the needs of traders in

this growing market."


    Located in the heart of downtown Sydney, IBFX Australia plans to follow

in the footsteps of its sister company, providing transaction transparency

and improving industry standards for foreign exchange.


    "We bring with us to Australia our transparent business model and focus

on customer care, something we feel sets us apart from competitors," said

Todd Crosland, chairman and president of Interbank FX LLC. "We're here to

provide the best possible trading experience for our customers. That's how we

want to do business. That's our culture. That's our technology."


    IBFX Australia executives will host a night with IBFX on October 29 at

the Watershed Hotel, Darling Harbour, inviting customers, potential customers

and media a glimpse into IBFX Australia offerings. In addition, IBFX

Australia will be participating in this year's Trading & Investing Expo held

at the Sydney Convention & Exhibition Centre, October 29-30.


    For more information about IBFX Australia Pty Ltd, please visit



    * BIS Triennial Central Bank Survey of Foreign Exchange and OTC

Derivatives Market Activity in April 2010 - Preliminary global results (1

September 2010)


    About IBFX Australia Pty Ltd


    Headquartered in the heart of Sydney Australia, IBFX Australia is proud

part of the Interbank FX group of companies which is owned by IBFX Holdings

LLC and includes: Interbank FX LLC, Interbank FX UK Ltd and IBFX Australia

Pty Ltd.


    The Interbank FX group of companies provides online forex trading

services, offering individual traders, money managers and institutional

customers proprietary technology, tools and education to trade spot foreign

currency online. IBFX Australia distinguishes itself among industry leaders

with its unique multi bank liquidity feed, proprietary tools and services,

and remarkable focus on customer care.


    Trading in the off-exchange retail foreign currency market is one of the

riskiest forms of investment available. Full risk disclaimer can be found



    SOURCE: IBFX Holdings LLC

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